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Spencer Perkins

@spencerperkins.eth

Yes, we want to lean into client incentives and have been trying to. But, as @zherring pointed out, the economics do not make sense to expect auction client incentives to fully fund the development of innovative clients. Client incentive parameters were set when auction prices were ~3x current, and it is very challenging to attract bidders competing against the nouns.wtf auction. NounSwap has only had one winning bid, and <15% of all winning bids have been through alternative clients since client incentives were launched. I see the role of auction client incentives only for sustaining successful clients at this point. I have seen Camp used as a counter-example, and while they’ve built a great product, it’s a very different situation. They were funded 50 ETH, and are streamed $33k USD per month plus client incentives. They also have the advantage of broken governance on nouns.wtf, so Nouners were forced to look elsewhere.
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